FBS stands for Football Bowl Subdivision.
It depends. FBS, FCS, Division 2, Division 3, NAIA. Be more specific.
What was once called NCAA Div. I-A is now called Div. I-FBS (Football Bowl Subdivision). I counted 120 schools on the NCAA.org website. ----------
All division 1 FBS and FCS teams are in ncaa football 2010
football bowl subdivision
FBS= Football Bowl Sub-division
1-A (FBS): Georgia, Georgia Tech 1-AA (FCS): Georgia Southern, Georgia State, Savannah State
120 teams in 1-a
Presently 120 in the FBS (formerly called Division 1-A) and 124 in the FCS (formerly called Division 1-AA). Four teams will be transitioning from the FCS to the FBS in 2013.
Michigan in FBS